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People · Financial Services

Pine Labs' Setu president Anand Raisinghani resigns

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Pine Labs logo
Date
Company
Pine Labs
What it does
Fintech solutions provider
Kind
People
Sector
Financial Services

What they do

Pine Labs offers POS machines, payment gateway, UPI, BNPL, gift cards, and more

What happened

Anand Raisinghani, President & CBO of Setu, resigned effective 17 July 2026

Why it matters

He cited external career opportunities and thanked the board and colleagues

The details

  • Anand Raisinghani resigned as President & Chief Business Officer of Setu, a Pine Labs entity.
  • His resignation is effective from 17 July 2026.
  • The resignation letter was dated 15 April 2026.
  • The reason given is to pursue external career opportunities.
  • The disclosure was made under SEBI LODR Regulations (Regulation 30).
  • He thanked the Chairman, MD & CEO, Board, and colleagues.

About the business

  • Pine Labs provides fintech solutions including POS machines, payment gateway, UPI, BNPL, gift cards, cross-border payments, card issuing, BBPS, and account aggregator.
  • It serves banks, brands, government, fintechs, e-commerce, startups, and D2C companies.
  • Pine Labs operates in India, Malaysia, UAE, and the US.

Founders

  • Amrish Rau, Founder & CEO

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